Cars Income Before Tax from 2010 to 2024

CARS Stock  USD 18.34  0.44  2.34%   
Cars Income Before Tax yearly trend continues to be comparatively stable with very little volatility. Income Before Tax is likely to outpace its year average in 2024. From the period from 2010 to 2024, Cars Income Before Tax quarterly data regression had r-value of (0.30) and coefficient of variation of (820.14). View All Fundamentals
 
Income Before Tax  
First Reported
2014-12-31
Previous Quarter
16.4 M
Current Value
24.5 M
Quarterly Volatility
165.1 M
 
Yuan Drop
 
Covid
Check Cars financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Cars' main balance sheet or income statement drivers, such as Depreciation And Amortization of 92.1 M, Interest Expense of 21.5 M or Selling General Administrative of 114.9 M, as well as many indicators such as Price To Sales Ratio of 2.84, Dividend Yield of 0.18 or PTB Ratio of 2.7. Cars financial statements analysis is a perfect complement when working with Cars Valuation or Volatility modules.
  
Check out the analysis of Cars Correlation against competitors.

Latest Cars' Income Before Tax Growth Pattern

Below is the plot of the Income Before Tax of Cars Inc over the last few years. Income Before Tax which can also be referred as pre-tax income is reported on Cars income statement and is an important metric when analyzing Cars Inc profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability. It is Cars' Income Before Tax historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Cars' overall financial position and show how it may be relating to other accounts over time.
Income Before Tax10 Years Trend
Slightly volatile
   Income Before Tax   
       Timeline  

Cars Income Before Tax Regression Statistics

Arithmetic Mean(35,388,517)
Geometric Mean67,403,646
Coefficient Of Variation(820.14)
Mean Deviation178,788,129
Median56,929,000
Standard Deviation290,234,506
Sample Variance84236.1T
Range1.1B
R-Value(0.30)
Mean Square Error82701.4T
R-Squared0.09
Significance0.28
Slope(19,289,790)
Total Sum of Squares1179305T

Cars Income Before Tax History

202419 M
202318.1 M
202222.6 M
20217.7 M
2020-936.4 M
2019-475.3 M
201856.9 M

About Cars Financial Statements

Cars shareholders use historical fundamental indicators, such as Income Before Tax, to determine how well the company is positioned to perform in the future. Although Cars investors may analyze each financial statement separately, they are all interrelated. The changes in Cars' assets and liabilities, for example, are also reflected in the revenues and expenses on on Cars' income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Income Before Tax18.1 M19 M

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Additional Tools for Cars Stock Analysis

When running Cars' price analysis, check to measure Cars' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Cars is operating at the current time. Most of Cars' value examination focuses on studying past and present price action to predict the probability of Cars' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cars' price. Additionally, you may evaluate how the addition of Cars to your portfolios can decrease your overall portfolio volatility.